IIFL Finance Coimbatore Credit Manager Salaries by 5 Employees

0 - 8 years exp.

₹3.6 Lakhs - ₹6.1 Lakhs

Salary of majority employees

20% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹6.1 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹7.9 L/yr

Last Updated: 21 Jun 2024

Companies similar to IIFL Finance for Credit Manager in Coimbatore

IIFL Finance Credit Manager Salary

0 - 8 years exp. (5 salaries)

₹3.6 L/yr - ₹6.1 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL SAMASTA Credit Manager Salary 1 - 7 years exp. (8 salaries)	₹1.6 L/yr - ₹5 L/yr 28% less
Aditya Birla Finance Credit Manager Salary 2 - 7 years exp. (6 salaries)	₹5.8 L/yr - ₹9 L/yr 24% more
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Tata Capital Credit Manager Salary 0 - 9 years exp. (5 salaries)	₹6.5 L/yr - ₹9.5 L/yr 35% more	6 job openings
Mahindra Finance Credit Manager Salary 4 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹11 L/yr 22% more
Mahindra Rural Housing Finance Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 25% less

Credit Manager salary at IIFL Finance ranges between ₹3.6 Lakhs to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Credit Manager salaries in Coimbatore

Last Updated: 21 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.1 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.9 L/yr
7 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹11.8 L/yr

View all

Similar Designation salaries in IIFL Finance

Branch Credit Manager Salary

(3 salaries)

₹2.6 L/yr - ₹3.9 L/yr

Top skills at IIFL Finance for Credit Manager

Credit Underwriting Credit Appraisal Underwriting Credit Management SME Business Loan Credit Assessment Credit Analysis Personal Loans Credit Risk Credit TL Credit Monitoring Credit Risk Analysis Team Leading

Salary related reviews for IIFL Finance

1.0

Rated by 1 employees for salary & benefits

Credit Manager in Kolkata, Shakespeare Sarani, 700017.

BFSI, Investments & Trading Department

5.0

• posted on 05 Aug 2020

3.0

for Salary and Benefits

Likes

Teammates are supportive. Office environment are good & fair. Yearly hike in salary & bonus given. Company policy is workable & fair.

Skill development - Excellent

+1 more

Dislikes

...n in current covid 19 period as well as they're given notice entire credit team.salary deducted , no bonus & hike given in last financial.

Job security - Poor

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

Branch Credit Manager in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 11 Jun 2023

4.0

for Salary and Benefits

Likes

Salary is good but work culture nd working time is not that much good If u r Ina branch level then u have to work for 14-16 hours in a day Like joining time morning 9am Nd closings time 12/1 pm

Salary - Good

+1 more

Dislikes

Heavy work pressure

Work satisfaction - Bad

+1 more

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IIFL Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at IIFL Finance in Coimbatore?

The average salary of a Credit Manager at IIFL Finance in Coimbatore typically ranges from ₹3.6 Lakhs to ₹6.1 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Credit Manager in Coimbatore at IIFL Finance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Credit Manager Salaries at IIFL Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 IIFL Finance employees in India.

What is the estimated take home salary of a Credit Manager at IIFL Finance in Coimbatore?

The estimated take-home salary of a Credit Manager at IIFL Finance in Coimbatore typically ranges from ₹44,113 to ₹45,217 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from Fresher to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at IIFL Finance in Coimbatore?

To be a Credit Manager at IIFL Finance in Coimbatore, the key skills required include:

- Credit Underwriting
- Credit Appraisal
- Underwriting
- Credit Management
- SME

These skills are highly valued at IIFL Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IIFL Finance for Credit Manager in India?

Tata Capital	₹6.5 Lakhs to ₹9.5 Lakhs per year
Aditya Birla Finance	₹5.8 Lakhs to ₹9.0 Lakhs per year
Mahindra Finance	₹3.6 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIFL Finance, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to IIFL Finance in Coimbatore?

The salary of a Credit Manager at companies similar to IIFL Finance in Coimbatore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Rural Housing Finance	₹3.6 Lakhs to ₹5.0 Lakhs per year
IIFL SAMASTA	₹1.6 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Manager at IIFL Finance in Coimbatore?

The salary growth for a Credit Manager at IIFL Finance in Coimbatore depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Coimbatore can expect the following growth trajectory at IIFL Finance:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹5.4 Lakhs per year
1 year	₹4.3 Lakhs to ₹5.5 Lakhs per year
2 years	₹3.6 Lakhs to ₹9.1 Lakhs per year
3 years	₹4.8 Lakhs to ₹6.1 Lakhs per year

and so on.

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IIFL Finance Credit Manager Salaries in Coimbatore

IIFL Finance Credit Manager salary in Coimbatore ranges between ₹3.6 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.